Thai Officials Confiscate Around 1,000 Bitcoin Mining Devices from Local Company
In the eastern province of Chonburi, Thailand, JIT Co., a company registered for digital asset trading, is under investigation for suspected electricity theft. The investigation was prompted by local complaints about frequent power outages and the closure of an illegal Bitcoin mining facility operated by JIT Co.
Police in Thailand have confiscated 996 Bitcoin mining devices from JIT Co., with preliminary estimates suggesting the losses from the alleged electricity theft could run into hundreds of millions of Thai baht (millions of dollars) and US dollars. The devices were found to be turned off during the day to avoid detection.
The Bitcoin mining facility, located in Chonburi, was shut down in response to the power outage complaints. However, as of July 2025, arrest warrants for the suspects have yet to be executed. One employee of JIT Co. has admitted to the police that the alleged electricity theft occurred at night.
While the investigation into JIT Co. for electricity theft is ongoing, no specific updates on Bitcoin mining-related electricity theft investigations in Thailand have been found in the provided search results. In contrast, Malaysia is facing a serious and ongoing crackdown on such power theft, with notable legal actions this year.
In Malaysia, illegal Bitcoin mining-related electricity theft has caused approximately RM4.8 billion (approximately USD 1 billion) in losses up to June 2025, with thousands of cases recorded, including 1,800 just in the first half of 2025. Enforcement efforts continue, but the surge is driven by Bitcoin’s rising value. In July 2025, joint raids targeted premises suspected of electricity theft, with arrests and court cases underway.
The Bitcoin mining devices confiscated from JIT Co. in Thailand are likely to be crucial evidence in the ongoing investigation. As the investigation unfolds, updates on the extent and impact of the alleged electricity theft will be closely monitored.
- The investigation into JIT Co. in Thailand, due to suspected electricity theft, has revealed that the company, besides digital asset trading, also operated an illegal Bitcoin mining facility.
- The closure of the illegal Bitcoin mining facility in Chonburi, Thailand, is linked to the financial losses estimated to run into hundreds of millions of Thai baht and US dollars, which are believed to be a result of electricity theft.
